CoinFLEX Launches the First Interest Bearing Stablecoin: Author – CFR

Reported By: CryptoFundReport.com

TheBlock – Stablecoins that earn yield are now a reality. You can now earn interest on a stablecoin, while using it in high yielding DeFi projects or as collateral for margin trading on exchanges. It is the first time these crypto native USD yields are accessible without a lockup of funds. Hold onto your private keys and still earn yield.  CoinFLEX has announced the launch of flexUSD, an interest bearing stablecoin that will lend in CoinFLEX’s repo market and pay interest on the blockchain every eight hours.

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